Brompton Funds
Portfolio
Equal weight portfolio of Canada’s "Big Six" banks
Selective use of covered call writing to enhance returns
Split Share Structure
Preferred Shares:
- Quarterly distributions of $0.13125 per share (primarily dividends)
Class A Shares:
- Monthly distributions of $0.10 per Class A share (provided that NAV per unit is in excess of $15.00 - click here for further details) (primarily return of capital)
- Opportunity for capital appreciation
Low Fees
Management fee of 0.55% of net assets, which includes fees payable to Highstreet
Strong Corporate Governance
Managed by Brompton Funds Management Limited
TSX listing
Retraction rights
| TSX Symbol (click for quote) |
SBC (Class A Shares) SBC.PR.A (Preferred Shares) |
| NAV (Feb 4, 2010) | $10.22 (Class A Shares) |
| Inception Date | Nov. 16, 2005 |
| Monthly Distribution (Jan 29, 2010) | $0.10 (Class A Shares) |
| Current Yield of Class A Shares | 12.6% per share (based on current monthly distribution annualized/closing market price as of 2/5/2010) |
| Current Yield of Preferred Shares | 5.1% per share (based on current quarterly distribution annualized/closing market price as of 2/5/2010) |
| Quarterly Distribution (Dec 31, 2009) | $0.13125 (Preferred Shares) |
| Total Assets (Dec 31, 2009) | $133 million |
